Vinu Beijing takes stakes in ByteDance and Weibo domestic entities Tuesday 19 November 2024 12:41 pm|Updated:Tuesday 19 November 2024 2:39 pmTokio Marine hikes full-year outlook due to rate growthBy: Maria Ward-BrennanSenior ReporterShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailLloydrsquo of Londonrsquo InsurTech Accelerator has helped accelerate the growth of InsureTech startupsTokio Marine Holdings has revised its full-year income forecast with an increase of JPY40bn pound;205m to JPY1.04tr pound;5.1bn , due to accelerated sales and strong international underwriting.For the first half of the fiscal year, the Japan-based insurer reported an adjusted net income of JPY771.2bn pound;3.9bn , exceeding its initial full-year profit projection. Over the firs <a href=https://www.owalas.com.de>owala wasserflasche</a> t half of the year, the insurer reported net premium growth of 5.7 per cent year-on-year as a result of rate increases in Japan and internationall <a href=https://www.polenes.us>polene cyme</a> y.However, its life insurance premiums fell by near <a href=https://www.polenefr.fr>polene france</a> ly 33 per cent due to block reinsurance in Japan Life, but the company stated this aligned with initial forecasts.For its full-year forecast, the insurer expects net premiums written to rise by over five per cent because of stricter underwriting in Japan PC.While life insurance premiums are forecasted to drop by nearly 16 per cent year-on-year.Tokio Marine stated that foreign exchange gains, strong international underwriting and sales of business-related equities contributed to the growth. Satoru Komiya, Group CEO, Tluk Beat the January rail price hike: 10 ways to find cheaper train tickets Wednesday 05 October 2016 10:31 amNew car sales ease onto the brakes in SeptemberBy: Emma HaslettShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailSeptember is a golden month for two things: 1 Vogue magazine it s a bumper edition, don t you know and 2 new car sales, which tend to jump as consumers go mad for the new plate.But alack, alas, in contrast to August, last month was rather a disappointment, according to new figures from the Society of Motor Manufacturers and Traders SMMT .While the number of new cars sold edgedthe total for the year over the two million mark, the figure was also just 1.6 per cent higher than last year s, bringing a trend of rather steeper September rises to a halt. Although admittedly, it was still the highest September on recordhellip;Some 469,696 new cars were registered in total as drivers went nuts for the 66 plate, pushing the total number of cars registeredto 2.15m units.Diesel registrations rose 2.8 per cent to 218,664, while the number of new petrol cars bought dipped 1.1 per cent to 235,272.However, fleet registrations drove most of the growth, rising 7.3 pe <a href=https://www.hydro-jugs.us>hydrojug cup</a> r cent, more than making up for a 1.7 per cent decline in private registrations.Howard Archer, chief UK and European economist at IHS Global Insight, c <a href=https://www.stanleycup.at>stanley thermobecher</a> alled the figures decent if unspectacular . There is the possi <a href=https://www.owala-water-bottle.ca>owala canada</a> bility that Septemberrsquo modest growth rate in car sales could be a sign that consumers are becoming
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